Economists say the Bank of Canada is still on track to cut interest rates next week, despite economic growth coming in stronger than expected in the second quarter.
The federal government has added 56 properties — including 22 in Ottawa — to a new public lands bank of locations that are suitable for long-term leases so developers can build housing, a move the housing minister says will help boost the supply of homes Canadians can afford.
Canada's inflation rate likely took another dip last month, according to economists who expect the Bank of Canada to continue cutting interest rates throughout the fall.
Canada's housing market softened slightly in July from a month earlier as sales of existing homes dipped and new listings inched up, the Canadian Real Estate Association said.